Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, May 15, 2017

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Friday, September 4, 2015

6 Signs of Narcissism You May Not Know About


How can you recognize the fragility behind the narcissist’s grandiosity?


The recently published 5th edition of the Diagnostic and Statistical Manual of Mental Disorders (DSM) lists precisely the same nine criteria for narcissistic personality disorder (NPD) as did the previous version, published 19 years earlier. So these longstanding diagnostic yardsticks are by now quite familiar—not only to professionals but to interested laypeople as well. Because only the extreme, or “classic,” narcissist fits all of these criteria, DSM specifies that an individual need meet only five of them (barely more than half) to warrant this unflattering label.
As a starting point, I’ll reiterate these selected criteria—before, that is, adding six important ones of my own, which either complement or extend these “official” yardsticks. My particular measures for identifying pathological narcissists are based not only on my exposure to the voluminous writings on this character disorder, but also on 30+ years of clinical experience. This experience includes doing personal, couples, and family counseling with such troublesome individuals. But it also involves working independently with those involved with narcissists—whether their distressed children, spouses, parents, friends, or business associates—who repeatedly express enormous frustration in trying to cope with them.
To begin, however, here are DSM’s requirements (slightly condensed, and with minor bracketed amendments) for “earning” the unenviable diagnosis of Narcissistic Personality Disorder:
1. Has a grandiose sense of self-importance. 
2. Is preoccupied with fantasies of unlimited success, power, brilliance, beauty, or ideal love. 
3. Believes that he or she is "special" and unique and can only be understood by, or should associate with, other special or high-status people (or institutions). 
4. Requires excessive admiration [regularly fishes for compliments, and is highly susceptible to flattery]. 
5. Has a sense of entitlement. 
6. Is interpersonally exploitative. 
7. Lacks empathy: is unwilling [or, I would add, unable] to recognize or identify with the feelings and needs of others. 
8. Is often envious of others or believes that others are envious of him or her. 
9. Shows arrogant, haughty [rude and abusive] behaviors or attitudes.

So what’s left out here? Actually, as regards identifying descriptors, quite a bit. And I’ve no doubt that other therapists could add further to the six additional characteristics I’ll provide here—features that, although regrettably minimized or omitted from DSM, I‘ve routinely seen displayed by the many dysfunctional narcissists I’ve worked with. So, to enumerate them, such individuals:
1. Are highly reactive to criticism Or anything they assume or interpret as negatively evaluating their personality or performance. This is why if they’re asked a question that might oblige them to admit some vulnerability, deficiency, or culpability, they’re apt to falsify the evidence (i.e., lie—yet without really acknowledging such prevarication to themselves), hastily change the subject, or respond as though they’d been asked something entirely different. Earlier for Psychology Today I wrote a post highlighting this supercharged sensitivity called “The Narcissist’s Dilemma: They Can Dish It Out, But . . . ”. And this aspect of their disturbance underscores that their ego—oversized, or rather artificially “inflated”—can hardly be viewed as strong or resilient. On the contrary, it’s very easily punctured. (And note here another related piece of mine, “Our Egos: Do They Need Strengthening—or Shrinking?”). What these characteristics suggest is that, at bottom and despite all their egotistic grandiosity, they...
2. Have low self-esteem. This facet of their psyche is complicated, because superficially their self-regard would appear to be higher and more assured than just about anyone else’s. Additionally, given their customary "drivenness," it’s not uncommon for them to rise to positions of power and influence, as well as amass a fortune (and see here my post “Narcissism: Why It’s So Rampant in Politics”). But if we examine what’s beneath the surface of such elevated social, political, or economic stature—or their accomplishments generally—what typically can be inferred is a degree of insecurity vastly beyond anything they might be willing to avow.
That is, in various ways they’re constantly driven to prove themselves, both to others and to their not-so-confident “inner child” self. This is the self-doubting, recessive part of their being that, though well hidden from sight, is nonetheless afflicted with feelings and fears of inferiority. Inasmuch as their elaborate defense system effectively wards off their having to face what their bravado masks, they’re highly skilled at exhibiting, or “posturing,” exceptionally high self-esteem. But their deeper insecurities are yet discernible in their so often fishing for compliments and their penchant for bragging and boasting about their (frequently exaggerated) achievements. That is, they’re experts at complimenting themselves! And when—despite all their self-aggrandizement— others are critical of them, they...
3. Can be inordinately self-righteous and defensive. Needing so much to protect their overblown but fragile ego, their ever-vigilant defense system can be extraordinarily easy to set off. I’ve already mentioned how reactive they typically are to criticism, but in fact anything said or done that they perceive as questioning their competence can activate their robust self-protective mechanisms. Which is why so many non-narcissists I’ve worked with have shared how difficult it is to get through to them in situations of conflict. For in challenging circumstances it’s almost as though their very survival depends on being right or justified, whereas flat out (or humbly) admitting a mistake—or, for that matter, uttering the words “I’m sorry” for some transgression—seem difficult to impossible for them.
Further, their “my way or the highway” attitude in decision-making—their stubborn.competitive insistence that their point of view prevail—betrays (even as it endeavors to conceal) their underlying doubts about not being good, strong, or smart enough. And the more their pretentious, privileged, exaggeratedly puffed-up self-image feels endangered by another’s position, the more likely they are to...
4. React to contrary viewpoints with anger or rage. In fact, this characteristic is so common in narcissists that it’s always surprised me that DSM doesn’t specifically refer to it among its nine criteria. Repeatedly, writers have noted that angry outbursts are almost intrinsic to both narcissistic and borderline personality disorders. And although (unlike the borderline) it’s not particular fears of abandonment that bring out their so-called “narcissistic rage,” both personality disorders generally react with heated emotion when others bring their deepest insecurities too close to the surface.
The reason that feelings of anger and rage are so typically expressed by them is that in the moment they externalize the far more painful anxiety- or shame-related emotions hiding just beneath them. When they’re on the verge of feeling—or re-feeling—some hurt or humiliation from their past, their consequent rage conveniently “transfers” these unwanted feelings to another (and see here my PT post “Anger—How We Transfer Feelings of Guilt, Hurt, and Fear”).
The accompanying message that gets communicated through such antagonistic emotions is “I’m not bad (wrong, stupid, mean, etc.), you are!” Or, it could even be: “I’m not narcissistic, or borderline! You are!” (Or, in slightly milder version, “If I’m narcissistic, or borderline, then so are you!”) And if the mentally healthier individual has no clue as to what provoked their outburst in the first place, such a sudden explosion is likely to make them feel not only baffled but hurt, and maybe even frightened. But what cannot be overemphasized here is that narcissists...
5. Project onto others qualities, traits, and behaviors they can’t—or won’t—accept in themselves. Because they’re compelled from deep within to conceal deficits or weaknesses in their self-image, they habitually redirect any unfavorable appraisal of themselves outwards, unconsciously trusting that doing so will forever keep at bay their deepest suspicions about themselves. Getting anywhere close to being obliged to confront the darkness at their innermost core can be very scary, for in reality their emotional resources are woefully underdeveloped.
Broadly recognized as narcissists by their fundamental lack of self-insight, very few of them (depending, of course, on how far out they are on the narcissistic continuum) can achieve such interior knowledge. For in a variety of ways their rigid, unyielding defenses can be seen as more or less defining their whole personality. And that’s why one of the most reliable ways for them to feel good about themselves—and “safe” in the world they’re essentially so alienated from—is to invalidate, devalue, or denigrate others. So they’ll focus on others’ flaws (whether or not they really exist) rather than acknowledge, and come to terms with, their own. And in many curious ways this habit causes them to...
6. Have poor interpersonal boundaries. It’s been said about narcissists that they can’t tell where they end and the other person begins. Unconsciously viewing others as “extensions” of themselves, they regard them as existing primarily to serve their own needs—just as they routinely put their needs before everyone else’s (frequently, even their own children). Since others are regarded (if they’re regarded at all!) as what in the literature is often called “narcissistic supplies”—that is, existing chiefly to cater to their personal desires—they generally don’t think about others independently of how they might “use” them to their own advantage. Whatever narcissists seek to give themselves, they generally expect to get from others, too (which is yet another dimension of their famous—or infamous—sense of entitlement).
Even beyond this, their porous boundaries and unevenly developed interpersonal skills may prompt them to inappropriately dominate conversations and share with others intimate details about their life (though some narcissists, it should be noted, can display an extraordinary, however Machiavellian, social savvy). Such private information would probably focus on disclosing facts others would be apt to withhold. But having (at least consciously) much less of a sense of shame, they’re likely to share things they’ve said or done that most of us would be too embarrassed or humiliated to admit. Still, with an at times gross insensitivity to how others might react to their words, they’re likely to blurt out things, or even boast about them, that others can’t help but view as tasteless, demeaning, insulting, or otherwise offensive.
They might, for instance, share—and with considerable pride!—how they “chewed” someone out, and expect the other person to be impressed by their courage or cleverness, when in fact the listener may be appalled by their lack of kindness, tact, or restraint. Additionally, they may ask others questions that are far too personal or intimate—again unwittingly irritating or upsetting them. And such a situation can be particularly difficult for the other person if the narcissist is in a position of authority over them so that not responding could, practically, put them in some jeopardy.
To conclude, I can only hope that these additional characterizations of the pathological narcissist (vs. those with less pronounced narcissistic qualities) may be helpful in enabling you to identify them before their “malignancy” does a number on you. And if you’ve already been duped by their machinations or manipulations, perhaps this piece will be a “heads up” for you to prevent them from wreaking any further havoc in your life.
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Thursday, June 25, 2015

14 Unique Thoughts About Money that Every Millionaire Has


I’m sure you’ll admit that money pre-occupies most minds most of the time. Yet research shows that money and finances are one of the toughest things to crack. You need only look at the wealth distribution statistics to see the financial plight that most of society finds themselves in. The results? Well, quite clearly, financially wealthy people are in the minority.
Logically, we can only conclude that they are different from the average Joe Sope. Be it their thoughts, speech or actions – they are different. In this post, I want to highlight 14 unique thoughts about money that makes millionaires different.

1. They know money is abundant

Millionaires live in an abundant frame of mind. To them, nothing is limited or scarce. Whilst most people scramble around – doing things they hate – because they believe money will run out, millionaires know that money will never run out.

2. They know money is the root of all good

Whilst most believe “money is the root of all evil”, millionaires know that money is the root of all good. Money solves problems. Money gives you the power to bless others. Money changes lives. Money brings pleasure. Money liberates. In the right hands, money is the root of all good.
“What material success does is provide you with the ability to concentrate on other things that really matter. And that is being able to make a difference, not only in your own life, but in other people’s lives.” – Oprah Winfrey

3. They know money comes from Value Add

Millionaires know that the number one ingredient that attracts money is problem solving. When you solve problems, you add value to other people’s lives. When you add value, people are willing to pay you bucket loads of cash – happily so.

4. They know earning more outweighs saving

Most financial gurus will tell you to “save as much as you can”. That’s why most of society spends 40 – 45 years of their lives working to save for retirement. Whilst the benefits of saving are undeniable, millionaires know that your ability to earn more money is far more important than your ability to save.

5. They live within their means

In modern day society, we suffer from consumerism. It suffocates us to a point of no return. There’s nothing wrong with spending money. But there’s something crazy about spending money you don’t have. Millionaires budget. Within that budget, they understand the importance of spending less than you earn.

6. They know that time and money have little correlation

Passive income is a millionaire’s secret. By definition, passive income is earning money without you physically being present. Whilst the majority of people hustle and trade their time for money, millionaires trade and leverage their brains and assets for money.

7. They know that calculated risks are not optional

“Playing it safe” with your money is a sad way of living your life. Being stupid with your money is also a pathetic way of living life. But somewhere in the middle, lies a sweet spot. And millionaires know this. They take financial risks, in a measured and calculative way.
“Brave people don’t live forever, but cautious people don’t live at all.” – Richard Branson

8. They choose action not lottery

Whilst hard work and hustling every day is not a priority, waiting for the lottery winnings isn’t going to crack it either. Millionaires act. They believe in action that positions them to make money. The majority of society believe in the lottery, and hinge most of their financial success on luck. We all need some stroke of luck. Millionaires need a stroke of luck, too. But the difference is this: for them luck finds them on the path of action.

9. They value life experience over formal education

Life is a great teacher. It teaches you stuff that formal education will never teach you, especially when it comes to making money. It’s no surprise that most educated people are employed by ‘drop outs’. Millionaires realize that you learn more about money in the real world than you do through formal education.

10. They value education over entertainment

Although millionaires value life experience over formal education, they don’t – for one second – under-estimate the importance of education. They read books. They read current affairs and stay abreast of issues.
Sadly, the majority of society are soaked in entertainment. From television to movies, entertainment occupies a large chunk of their time. Over weekends, it’s parties and clubs – all in the name of entertainment. Millionaires know that money and habitual entertainment are an unhealthy combination.
“Poor people have a big TV. RIch people have a big library.” – Jim Rohn

11. They know you don’t need money to make money

Millionaires use the power of leverage. I’ve already mentioned that millionaires know that there is an abundance of money. Just because you don’t have money, it doesn’t mean that there isn’t money. In addition I highlighted that money is generated when you add value to people’s lives. When you solve problems, people are willing to pay you.
These two factors alone mean that if you have an idea that can solve problems and add value to other people’s lives and there’s someone out there with an abundant supply of funds, you are in a position to make money.
Focus on solving problems and creating ideas. That way, you’ll move from the notion of “you need money to make money” to “You need ideas to make money”. And millionaires know this.

12. They know money is a magnet

With money, you are able to attract things and people – both good and bad. When you value money, you attract good. When you disrespect it, you attract negative aspects. Millionaires know the magnetic power of money and how it can elevate your life to levels you could never reach without it.

13. They know making money is a process

There’s no such thing as “overnight success”. Millionaires will tell you it took years to become an overnight success. Genuine millionaires have invested time and effort to eventually generate the ideas that make them millionaires. They have made sacrifices that most are not willing to make.
Becoming a millionaire is a process. Cheat the process at your own peril.

14. They know that money should never steal your peace

Ultimately, millionaires know that money is a resource that liberates. But, it should never steal you peace. It should never be chased at the expense of your health, relationships and other important areas of your life.

Conclusion

As I conclude, I think of Andrew Mason, founder of Groupon – a coupon and discount site. Groupon generated the largest revenue in a 12 month period for a start-up company. Founded in 2008, it generated approximately $350 million in 2010.
What was Mason’s ingredients? Simplicity and value add.
He harnessed the power of collective buying. He created a win-win solution where customers save a ton of money, businesses gets an influx of customers, and Groupon takes up to 50 percent of the cut.
Where money is concerned, millionaires think differently. Apart from lottery winners and criminals, making millions is no fluke. You have to think, speak and act in a way that reflects that you are not mainstream. Go out there and cash in on your thoughts.
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Monday, April 20, 2015

Make More Money: 5 Amazing Ideas That Will Help You Prosper In 2015


I’m a huge advocate of making extra income and dabbling in entrepreneurship. In some cases, this side income can make enough to quit a bad 9-5 job and open up some new possibilities. From there the fun begins as we take a hold of our own lives and experience financial freedom!

So here are 5 ways you can make more money in 2015.

1. Rent out your car, bike, boat, outdoor equipment & extra land

If you’re not using it then why not make money off that asset? You could be making $250 a week from that nice bike you bought last Christmas or rent your extra car out and make an extra $2,000 a month!

For your bike, snowboard & surfboard:

- Spinlister

For your car:

- Relayrides
- Getaround

For your boat:

- Boatbound

For your outdoor equipment:

- Outdoors.io

For your extra land:

- Gamping

2. Renting out your space

People always need storage. You can charge people to store stuff at your house – a spare bedroom or basement would work perfectly.

You probably have a friend or family member that needs your help with this right now. A few boxes in an area of the house you’re not using are a perfect idea when you need some fast cash. Think about those self-storage places; they make an absolute fortune! You would be solving a huge problem for people and creating an easy flow of income. Cha-ching!

Try posting an ad for this on Craigslist and start interviewing or try this:

- Roost (Predominantly in San Franciso, California but expanding nationwide. Make $3,000 a year)

- Sparechair (Launching soon. The twist here is people can use your space to work at home without being at home. The company is looking to help people network by making coworking fun and profitable. You can charge $10-$20 a day)

- Peerspace (If your space is creatively designed and can allow for groups of people to work then consider this)

You can even rent out areas of your home to filmmakers and producers:

- Setscouter (If a director selects your home you can make up to $4,500 per day)

3. Drive people around

The days of investing money to purchase a taxi business have changed. Today you can freely partner up with a driving company and make $200-500 a day driving people with your own car. If you’re worried about insurance these companies take care of it all. The cool thing about this is you can be a driver whenever you want or treat it like a regular job and make approximately $65,000 or more a year.

Wondering where you’ll find paying customers? It’s all in the mobile app which you can download and check out now. For more information visit:

- Uber (Available in most major cities)
- Lyft (Just like Uber but with a cute pink mustache)
- Side.cr (Make $35 an hour)
- Shuddle.us (Community drivers for families)

4. Voiceover

There’s a chance your voice is the type someone is looking for in their online or radio commercial. You’ll never know until you try. So find a quiet room away from distraction, stand up to project your voice, and record some samples. You don’t need the most professional equipment right now. Just use your mobile phone or computer microphone. Try these website’s for voice over work:

- Voicebunny 
- Voices

5. Writing blog posts

There are more than a few blogs that you might follow. How much have you learned from reading, liking, commenting, and sharing this information? Quite a bit, I bet! If you enjoy it consider offering to write articles for them.

You don’t have to be a literary giant. Your thoughts are your thoughts and they’re valuable – treat them as such. You should get about 25 bucks per article which can take roughly 30 minutes to research and 30 minutes to write. If you write 40, you’ve got $1,000 – just like that! This is like working a 40 hour work week while staying in the comforts of home.

Here’s one source writers can make $30 a short blog post and $65 a long blog post:

- Scripted
- Elance
- Odesk


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Tuesday, October 28, 2014

Earn Paypal Cash and Gift Cards


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Wednesday, August 13, 2014

5 Life Lessons You Never Learned in School


To the untrained ear, the advice given to Jim Rohn by his mentor Earl Schoaff sounds contradictory. 

“Learn to work harder on yourself than you do on your job,” the late philosopher says with his unique cadence and tone. 


But listen to the words from Rohn’s mouth and you know that this man’s advice is anything but contradictory. He’s not saying you shouldn’t work hard at a job you love. The hard work comes naturally when you love what you do. 


What Rohn is saying is that personal development—the building and strengthening of you—is how you become better at everything else. Communication, time management, goal setting, leadership—these all improve when you do. SUCCESS has compiled a series of five guides on communication, time management, goal setting, leadership and personal development, based on the transcripts of Rohn’s most popular lectures and writings. Released this month in the SUCCESS Store, The Jim Rohn Guide Series comprises curated, 20-minute infusions of wisdom you’ll not likely find elsewhere.


Here we share the SUCCESS editors’ five favorite lessons from the series:


Lesson 1: Communication 


“In order to be effective, your communication should be on purpose. Yes, occasionally you may say something off the top of your head and that can hold weight with others, but this is the exception and not the rule. Know what you want to communicate, when you want to communicate and how you want to communicate.”    
 —from The Jim Rohn Guide to Communication


Lesson 2: Personal Development 

“The quest for personal development is the solving of problems. Success is simply solving problems. Sure, some things are complicated, but if you take it one piece at a time--solve the problems, put it back together--you can’t believe the enterprise you could build. Take it a piece at a time, master it, and then put it back together to solve it.”     


—from The Jim Rohn Guide to Personal Development


Lesson 3: Goal Setting 


“A life best lived is a life by design. Not by accident, and not by just walking through the day careening from wall to wall and managing to survive. That’s okay. But if you can start giving your life dimensions and design and color and objectives and purpose, the results can be staggering.”    
 —from The Jim Rohn Guide to Goal Setting


Lesson 4: Leadership 


“Be strong but not rude. Be kind but not weak. Be bold but not a bully. Be humble but not timid. Be thoughtful but not lazy. Be proud but not arrogant. Have humor without folly.”     


—from The Jim Rohn Guide to Leadership


Lesson 5: Time Management 


“When you work, work. When you play, play. Don’t mix the two.”     


—from The Jim Rohn Guide to Time Management



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